Sentences with phrase «record dwindling revenues»

The business mogul said the current economic recession had further worsened the situation as the government continued to record dwindling revenues, thus making it increasingly difficult for it to fulfill some of its obligations to the people.

Not exact matches

Africa's biggest economy and top oil producer is reeling from the fall in crude revenues, the source of 95 percent of foreign earnings, which has led to the naira hitting record lows on the parallel market amid dwindling foreign exchange reserves.

Such historical information is available from the HM Revenue & Customs however John Thompson, Chief of the HMRC, has conceded that significant delay is being caused due to most of the pre-1970s employment records being held on microfiche and there being a dwindling number of operational machines left to access them.